PREREQUISTE 1: QUANTITATIVE METHODS
- Interest Rates, Present Value, and Future Value
- Organizing, Visualizing and Describing Data
- Probability Concepts
- Common Probability Distributions
- Sampling and Estimation
- Basics of Hypothesis Testing
PREREQUISTE 2: ECONOMICS
- Topics in Demand and Supply Analysis
- Introduction to the Firm and Market Organization
- Aggregate Output, Prices, and Economic Growth
- Introduction to Business Cycles
- Monetary and Fiscal Policy
- International Trade and Capital Flows
- Currency Exchange Rates
PREREQUISTE 3: FINANCIAL STATEMENT ANALYSIS
- Introduction to Financial Reporting
- Income Statements
- Comprehensive Income
- Balance Sheets
- Cash Flow Statements
- Inventories
- Long-Lived Assets
- Income Taxes
- Non-Current (Long Term) Liabilities
- Applications of Financial Statement Analysis
TOPIC 1: QUANTITATIVE METHODS
- Rates of Return
- The Time Value of Money in Finance
- Statistical Measures of Asset Returns
- Probability Trees and Conditional Expectations
- Portfolio Mathematics
- Simulation Methods
- Estimation and Inference
- Hypothesis Testing
- Parametric versus Nonparametric Tests
- Simple Linear Regression
- Introduction to Big Data Techniques
TOPIC 2: ECONOMICS
- Firms and Market Structures
- Understanding Business Cycles
- Fiscal Policy
- Monetary Policy
- Introduction to Geopolitics
- International Trade
- Capital Flows and the FX Market
- Exchange Rate Calculations
TOPIC 3: FINANCIAL STATEMENT ANALYSIS
- Introduction to Financial Statement Analysis
- Analyzing Income Statements
- Analyzing Statements of Cash Flows I
- Analyzing Statements of Cash Flows II
- Inventories
- Analysis of Long-Term Assets
- Topics in Long-Term Liabilities and Equity
- Analysis of Income Taxes
- Financial Reporting Quality
- Financial Analysis Techniques
- Introduction to Financial Statement Modeling
TOPIC 4: CORPORATE ISSUERS
- Organizational Forms, Corporate Issuer Features, adn Ownership
- Investors and Other Stakeholders
- Corporate Governance: Conflicts, Mechanisms, Risks, and Benefits
- Working Capital and Liquidity
- Capital Investment and Capital Allocation
- Capital Structure
- Business Models
TOPIC 5: EQUITY INVESTMENTS
- Market Organization and structure
- Security Market Indexes
- Market Efficiency
- Overview of Equity Securities
- Company Analysis: Past and Present
- Industry and Competitive Analysis
- Company Analysis: Forecasting
- Equity Valuation: Concepts and Basic Tools
TOPIC 6: FIXED INCOME
- Fixed-Income Instruments and Features
Fixed-Income Cash Flows and Types
- Fixed-Income Issuance and Trading
- Fixed-Income Markets for Corporate Issuers
- Fixed-Income Markets for Government Issuers
- Fixed-Income Bond Valuation: Prices and Yields
- Yield and Yield Spread Measures for Fixed-Rate Bonds
- Yield and Yield Spread Measures for Floating-Rate Bonds
- The Term Structure of Interest Rates: Spot, Par, and Forward Curves
- Interest Rate Risk and Return
- Yield-Based Bond Duration Measures and Properties
- Yield-Based Bond Convexity and Portfolio Properties
- Curve-Based and Empirical Fixed-Income Risk Measures
- Credit Risk
- Credit Analysis for Corporate Issuers
- Fixed-Income Securitization
- Asset-Backed Security (ABS) Instrument and Market Features
- Mortgage-Backed Security (MBS) Instrument and Market Features
TOPIC 7: DERIVATIVES
- Derivative Instruments and Derivative Market Features
- Forward Commitment and Contingent Claim Features and Instruments
- Derivative Benefits, Risks, and Issuer and Investor Uses
- Arbitrage, Replication, and the Cost of Carry in Pricing Derivatives
- Pricing and Valuation of Forward Contracts and for an Underlying with Varying Maturities
- Pricing and Valuation of Futures Contracts
- Pricing and Valuation of Interest Rates and Other Swaps
- Pricing and Valuation of Options
- Option Replication Using Put-Call Parity
- Valuing a Derivative Using a One-Period Binominal Model
TOPIC 8: ALTERNATIVE INVESTMENTS
- Alternative Investment Features, Methods, and Structures
- Alternative Investment Performance and Returns
- Investments In Private Capital: Equity and Debt
- Real Estate and Infrastructure
- Natural Resources
- Hedge Funds
- Introduction to Digital Assets
TOPIC 9: PORTFOLIO MANAGEMENT
- Portfolio Risk and Return: Part I
- Portfolio Risk and Return: Part II
- Portfolio Management: An Overview
- Basics of Portfolio Planning and Construction
- The Behavioral Biases of Individuals
- Introduction to Risk Management
TOPIC 10: ETHICAL AND PROFESSIONAL STANDARDS
- Ethics and Trust in the Investment Profession
- Code of Ethics and Standards of Professional Conduct
- Guidance for Standards I-VII
- Introduction to the GIPS
- Ethics Application